Dogecoin (DOGE) has experienced a significant price decline after a bull run, suggesting weakening momentum.Technical indicators such as RSI and MACD show bearish signals, but oversold conditions may lead to a relief bounce.Critical support levels for DOGE are at $0.16, and a break below could result in further downside towards new yearly lows.To reverse the trend, DOGE would need increased trading volume and a broader market recovery.